VC firm
Propeller
Also known as Ocean Propeller, Ocean Propeller Fund I, L.P., Propeller Investments, Propeller Ventures
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Headquarters
- Jamaica Plain, MA, United States
- Founded
- 2022
- Assets under management
- $57.5MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $58.6MSEC amount sold, as of 2022-07-29Source (opens in a new tab)
- Funds
- 1
- Legal name
- PARAMETRIC HOLDINGS LLC
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Record updated 28 September 2026
About
We back founder-first, technology startups with the global networks, capital, and expertise they need to scale.
Investment approach
- Thesis
- From silicon-adjacent systems to runtimes, orchestration, and horizontal platforms – with selective bets on vertical AI where infrastructure is the moat – we believe the next wave of enduring companies will be built at the intersection of infrastructure, software, and AI.Source (opens in a new tab)
- Investing status notes
- We invest in Seed & Pre-A founders building horizontal AI infrastructure and AI-native applications, from silicon-adjacent to enterprise workflows.
Funds
- Ocean Propeller Fund I, L.P.
- $58.6MVintage 2022, Main fund, SEC amount sold
SEC registration
- Registered adviser
- PARAMETRIC HOLDINGS LLC
- CRD number
- 323275 (opens in a new tab)
- SEC file number
- 802-126760
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $57.5Mas of 2026-03-31
- Private funds reported
- 1
- Principal office
- JAMAICA PLAIN, MA, United States
- SEC CIK
- 1938435
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